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TwitterIn 2024, the United States reported the highest trade balance deficit with approximately **** trillion U.S. dollars.
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The average for 2024 based on 134 countries was -3.07 percent. The highest value was in Macao: 44.38 percent and the lowest value was in Kiribati: -88.61 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.
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TwitterIn the fourth quarter of 2024, the average budget deficit in the European Union was 3.4 percent. Nearly all countries from the CEE region (except for Bulgaria, Latvia, Slovenia) recorded a budget deficit in this period. The highest deficit was recorded in Romania (-9.9 percent of GDP). It was followed by Slovakia and Poland, respectively.
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This dataset provides values for CURRENT ACCOUNT TO GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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TwitterThe U.S. goods trade deficit with China increased by nearly *** billion U.S. dollars in 2024, as China still had the biggest impact on U.S. bilateral trade. This is according to seasonally adjusted trade data from within the United States. Following the results of the U.S. elections in 2024, discussions surfaced on the potential of tariffs for countries that have a large trade surplus with the United States. The president-elect stated that trade tariffs of ** percent and ** percent might be implemented for goods from China or Mexico, respectively. The effects of such measures on the forecast GDP growth across the world were not yet clear. In Europe, however, Germany might be the most affected economy when the U.S. does implement tariffs.
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The United States recorded a trade deficit of 59.55 USD Billion in August of 2025. This dataset provides the latest reported value for - United States Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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This dataset provides values for BALANCE OF TRADE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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Graph and download economic data for Cash surplus/deficit (% of GDP) for High Income OECD Countries (GCBALCASHGDZSOEC) from 1990 to 2013 about OECD Economies, cash, budget, income, and GDP.
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The average for 2023 based on 137 countries was 3.89 billion U.S. dollars. The highest value was in China: 385.58 billion U.S. dollars and the lowest value was in the USA: -774.22 billion U.S. dollars. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.
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TwitterIn 2024, China was the country with the highest trade surplus, with approximately ****** billion U.S. dollars. The leading trade nations Typically a trade surplus indicates a sign of economic success and a trade deficit indicates an economic weakness. However, if that were true, then the top four, China, Germany, Russia and Netherlands, would be considered the best performing countries in the world. However, this would mean that the United States, Great Britain, India and France would be among the weakest nations considering that they are four countries with the highest trade deficit. In fact, they are leading industrial nations. While China is known for producing and exporting products at a competitive price, it has undervalued its exchange rate in order to promote exports. However, China is now working to reduce its reliance on exports even though they continue to export large and increasing quantities of goods. In the case of Germany, the value of the euro may not be high enough, however growth concerning the value of exports has slowed over the past few years. In contrast, the value of the dollar in the United States may be too high, favoring imports as opposed to exports.
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This dataset provides values for CASH SURPLUS DEFICIT PERCENT OF GDP WB DATA.HTML. reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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This dataset provides values for GOVERNMENT BUDGET reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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This dataset provides values for BALANCE OF TRADE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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TwitterThe dataset ‘Interest group preferences in deficit countries – Ireland, Spain and Greece’ provides a wide range of information on interest group positions on economic and social policy issues during the Eurozone crisis, which took place between 2010-15. The data was collected via population-surveys directed to interest group populations in Ireland, Spain, and Greece during the summer of 2017.
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The focus of this domain is on the European Neighbourhood Policy (ENP) countries in Eastern Europe, namely:
An extensive range of indicators is presented in this domain, including indicators from almost every theme covered by European statistics. Only annual data are published in this domain.
Data supplied by and under the responsibility of the national statistical authorities of each of the countries or territories.
Data on Ukraine for the years 2021 and 2022 are limited due to exemption under the martial law from mandatory data submission to the State Statistics Service of Ukraine, effective as of 3 March 2022.
Statistical cooperation with Belarus has been suspended as of March 2022. The data on Belarus was collected prior to the suspension and has not been updated since.
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We study the ever more integrated and ever more unbalanced trade relationships between European countries. To better capture the complexity of economic networks, we propose two global measures that assess the trade integration and the trade imbalances of the European countries. These measures are the network (or indirect) counterparts to traditional (or direct) measures such as the trade-to-GDP (Gross Domestic Product) and trade deficit-to-GDP ratios. Our indirect tools account for the European inter-country trade structure and follow (i) a decomposition of the global trade flow into elementary flows that highlight the long-range dependencies between exporting and importing economies and (ii) the commute-time distance for trade integration, which measures the impact of a perturbation in the economy of a country on another country, possibly through intermediate partners by domino effect. Our application addresses the impact of the launch of the Euro. We find that the indirect imbalance measures better identify the countries ultimately bearing deficits and surpluses, by neutralizing the impact of trade transit countries, such as the Netherlands. Among others, we find that ultimate surpluses of Germany are quite concentrated in only three partners. We also show that for some countries, the direct and indirect measures of trade integration diverge, thereby revealing that these countries (e.g. Greece and Portugal) trade to a smaller extent with countries considered as central in the European Union network.
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Key information about US's Trade Balance
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TwitterThe United States had the largest account deficit of the G7 countries between 2010 and 2023. Moreover, its deficit increased sharply from 2019 to 2022, from minus *** billion U.S. dollars to minus ************ dollars in 2024. The account balance of the other six countries fluctuated more, with Germany having the highest positive balance at *** billion U.S. dollars. In terms of share of gross domestic product (GDP), the United Kingdom had the highest account balance deficit of the G7.
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Graph and download economic data for Cash surplus/deficit (% of GDP) for Low Income Countries (GCBALCASHGDZSLIC) from 1990 to 2011 about cash, budget, income, and GDP.
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The average for 2023 based on 16 countries was -16.71 billion U.S. dollars. The highest value was in China: 385.58 billion U.S. dollars and the lowest value was in the USA: -774.22 billion U.S. dollars. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.
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TwitterIn 2024, the United States reported the highest trade balance deficit with approximately **** trillion U.S. dollars.